BaaS Provider / BankCollapsedEst. 2018

BBVA Open Platform Inc.

US · San Francisco, California · OCC / Federal Reserve / FDIC (former)

BBVA Open Platform Inc. is a BaaS Provider / Bank based in US (San Francisco, California), regulated by OCC / Federal Reserve / FDIC (former). The institution's BaaS program is currently collapsed, launched in 2018.

BBVA Open Platform Inc. supports the following products and services: Payments, Cards, Accounts, KYC/AML. The bank serves customers across US (formerly).

Notable fintech partners include Simple, Azlo, digit.co, Catch.

Profile
Products Supported
PaymentsCardsAccountsKYC/AML
Geographies Served
US (formerly)
Charter / Regulator
OCC / Federal Reserve / FDIC (former)
API Standards
REST API
Minimum Deal Size
Not publicly disclosed
Year Program Launched
2018
Notable Fintech Partners

Simple, Azlo, digit.co, Catch

Regulatory Actions Summary

WARNING: Platform shut down following PNC Financial Services Group's $11.5B acquisition of BBVA USA completed June 2021. PNC CEO explicitly stated BaaS was not part of bank's strategy.

Notes

WARNING: BBVA Open Platform was shut down following PNC's acquisition of BBVA USA in June 2021. Originally launched as the first full BaaS platform in the US.

PNC renamed it PNC Open Platform Inc. and wound down all operations as BaaS was not part of PNC's strategy.

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